Oklo Inc. (NYSE:OKLO – Get Free Report) insider Alexandra Renner sold 688 shares of the company’s stock in a transaction that occurred on Wednesday, October 14th. The shares were sold at an average price of $30.75, for a total transaction of $21,156.00. Following the transaction, the insider directly owned 478,428 shares in the company, valued at $14,711,661. The trade was a 0.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Alexandra Renner also recently made the following trade(s):
- On Monday, September 28th, Alexandra Renner sold 1,100 shares of Oklo stock. The stock was sold at an average price of $37.39, for a total transaction of $41,129.00.
- On Tuesday, September 1st, Alexandra Renner sold 1,930 shares of Oklo stock. The stock was sold at an average price of $38.40, for a total transaction of $74,112.00.
- On Monday, August 24th, Alexandra Renner sold 557 shares of Oklo stock. The shares were sold at an average price of $39.77, for a total value of $22,151.89.
Oklo Stock Performance
Shares of OKLO opened at $27.95 on Friday. The stock has a fifty day moving average of $38.95 and a two-hundred day moving average of $50.38. The company has a market capitalization of $5.20 billion, a PE ratio of -29.73 and a beta of 1.20. Oklo Inc. has a fifty-two week low of $27.52 and a fifty-two week high of $171.65.
Oklo (NYSE:OKLO – Get Free Report) last issued its quarterly earnings results on Friday, August 7th. The company reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.12). The business had revenue of $1.21 million during the quarter, compared to the consensus estimate of $0.09 million. During the same quarter in the previous year, the company posted ($0.18) earnings per share. The firm’s revenue for the quarter was up 11900.0% on a year-over-year basis. As a group, equities research analysts forecast that Oklo Inc. will post -1.02 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Oklo
A number of large investors have recently bought and sold shares of OKLO. Bank of America Corp DE grew its stake in shares of Oklo by 55.3% during the 1st quarter. Bank of America Corp DE now owns 620,281 shares of the company’s stock valued at $30,760,000 after buying an additional 220,976 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Oklo by 1.2% during the 1st quarter. Bank of New York Mellon Corp now owns 516,886 shares of the company’s stock worth $25,632,000 after buying an additional 5,945 shares during the last quarter. Swiss National Bank increased its holdings in shares of Oklo by 7.1% during the 1st quarter. Swiss National Bank now owns 324,900 shares of the company’s stock worth $16,112,000 after buying an additional 21,400 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in shares of Oklo by 427.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 171,128 shares of the company’s stock worth $12,280,000 after buying an additional 138,659 shares during the period. Finally, Amundi raised its position in shares of Oklo by 59.0% in the 1st quarter. Amundi now owns 164,824 shares of the company’s stock worth $8,174,000 after buying an additional 61,161 shares during the period. Hedge funds and other institutional investors own 85.03% of the company’s stock.
Analyst Upgrades and Downgrades
OKLO has been the topic of several recent analyst reports. Citigroup reduced their target price on Oklo from $76.00 to $57.50 and set a “neutral” rating on the stock in a research report on Monday, August 10th. Canaccord Genuity Group decreased their price target on Oklo from $125.00 to $100.00 and set a “buy” rating on the stock in a research note on Monday, August 10th. Weiss Ratings restated a “sell (d-)” rating on shares of Oklo in a report on Friday, August 7th. Piper Sandler reaffirmed an “overweight” rating on shares of Oklo in a research note on Thursday, October 1st. Finally, HC Wainwright reaffirmed a “buy” rating and set a $90.00 price objective on shares of Oklo in a research note on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $82.44.
Check Out Our Latest Analysis on Oklo
Oklo News Summary
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: The U.S. Department of Energy selected Oklo’s Groves 2 Forge isotope-production facility for advancement under its Nuclear Energy Launch Pad initiative. The project could expand Oklo beyond electricity generation into medical and other high-value isotopes, creating a potential long-term revenue stream. Oklo Selected by DOE to Build Groves 2 Forge
- Neutral Sentiment: Analyst sentiment remains broadly constructive, with a reported average price target of $82.44 and a “Moderate Buy” consensus. However, Oklo remains an early-stage, loss-making company, and its latest quarterly earnings missed expectations despite sharply higher year-over-year revenue.
- Negative Sentiment: Oklo launched a stock sale of up to approximately $1 billion. The financing can extend the company’s cash runway, but issuing additional shares increases dilution risk. The company has reportedly diluted shareholders substantially since its SPAC debut, intensifying concerns about future capital requirements. Oklo Launches Fresh $1 Billion Stock Sale
- Negative Sentiment: Insider Alexandra Renner sold 688 shares for about $21,156 to cover tax withholding tied to vested equity awards. The transaction reduced her holdings by only 0.14% and is not necessarily a bearish signal, but it adds negative headline pressure alongside several recent insider sales. Oklo Insider Sale
- Negative Sentiment: Higher Treasury yields are weighing on long-duration growth stocks such as Oklo because they reduce the present value of cash flows expected from projects that are still years from commercial operation.
About Oklo
Oklo Inc is an advanced fission technology company developing compact nuclear power plants designed to provide reliable, carbon-free electricity. Its flagship Aurora powerhouse is a small-scale fission system intended to operate for extended periods and supply power directly to industrial, commercial, and other large energy users.
The company is also developing fuel-recycling capabilities to support the use of recovered nuclear fuel in advanced reactors. Oklo has pursued partnerships and regulatory work in the United States, including activities associated with the Idaho National Laboratory, and is initially focused on serving U.S.
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